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Executive shake-up at Abercrombie & Fitch; suspends search for CEO
There’s been a top-level shakeup at Abercrombie & Fitch Co., with the company announcing a big promotion for one executive and the departure of another.
The retailer elevated the head of its Hollister brand, Fran Horowitz, to the newly created role of president and chief merchandising officer with responsibility for all brands. It also announced the departure of Christos Angelides, who has served as president of the Abercrombie brand since October 2014. And it said that it has suspended its active hunt for a CEO.
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The Shoppes at Windmill Place under new ownership
Batavia, Ill. -- Mid-America Real Estate Corp. announced its Investment sales team brokered the sale of The Shoppes at Windmill Place in Batavia, Illinois. Cincinnati-based Phillips Edison purchased the 122,176-sq. ft. grocery-anchored property.
The Shoppes at Windmill Place is anchored by Jewel Osco and features national retailers including Comcast, Dunkin’ Donuts, Mattress Firm, Subway and more.

